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Cenvat Credit Eligible on Solvent Cement
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....envat Credit Eligible on Solvent Cement<br> Query (Issue) Started By: - Laxmaiah Vanamamula Dated:- 9-3-2012 Last Reply Date:- 11-3-2012 Central Excise<br>Got 3 Replies<br>Central Excise<br>Dear sir, ....
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.... We have a Manufacturing in Suryapet Product > PVC Pipes - 39172310 Query > we have received solvent cement from others, solvent cement used for laying and Jointing, we are not sold to Customers, w....
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....e supplied free of cost for Jointing the Pipes, can we take Cenvat credit on Solvent cement .? Please sujjest me, Thanking you, V.Laxmaiah, Sudhakar Pipes, Suryapet. Reply By Pradeep Khatri: The....
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.... Reply: I am afraid that your query is not clear. Please clarify it to unable me to reply. Reply By ALOK GUPTA: The Reply: It appears that you are not adding the cost of solvent cement in the value....
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.... of your finished goods. If so, the CENVAT Credit availment is not admissible. [The views expressed are personal in nature] Reply By Naveed S: The Reply: If you can satisfy that the purchase price ....
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....of Solvent Cement is included in the final assessable price of Pipes that are used for the purpose of Jointing (though the Solvent Cement are supplied free of cost), then U can surely avail cenvat cre....
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....dit on Solvent Cement.<br> Discussion Forum - Knowledge Sharing ....